EURGBP London briefing — 2026-08-03

BIAS BULLISH. H4 and H1 EMAs aligned upward; RSI neutral (53.85) leaves room for continuation without overbought risk. D1 structure neutral, but intraday momentum favors buyers. KEY LEVELS R: 0.8593, 0.86, 0.865 | S: 0.855, 0.85, 0.84536 NEWS 🟡 HCOB Manufacturing PMI (EUR) 08:00 UTC 🟡 S&P Global Manufacturing PMI (GBP) 08:30 UTC SESSION OUTLOOK Both PMI prints arrive early London. Soft data could spark volatility around 0.8593 resistance. Watch price reaction to Euro weakness or Sterling resilience.

Key Levels

R: 0.85930 · 0.86000 · 0.86500

S: 0.85500 · 0.85000 · 0.84536